In a series of related transactions NeuDrive Limited has acquired a portfolio of organic semiconducting material patents and the FlexOS™ trade mark from CPI Innovation Services Limited (CPIIS) part of the UK High Value Manufacturing Catapult. NeuDrive has also negotiated patent and know how licences relating to organic thin-film transistor technology developed by CPIIS.

The FlexOS™ technology platform enables the manufacture of high-performance, ultra-thin, high-definition display screens on flexible plastic substrates, particularly suitable for portable and wearable device and NeuDrive has committed to the further development and refinement of the FlexOS™ platform so that it will play a leading role in the development of sensors, biosensors and diagnostic devices.

Ray Fisher commented.  ‘We are delighted to finalise these arrangements with CPIIS which builds upon a successful eight year relationship and consolidates our position at the forefront of the commercialisation of this exciting area of technology.  We welcome CPIIS as a shareholder in NeuDrive and we look forward to continuing to work with them in developing new applications for organic thin film transistors’.